Escrow of Share Certificates. Immediately following Closing, or as soon thereafter as reasonably possible, the respective parties shall deposit in escrow with an agent to be mutually appointed as escrow agent for the purposes of this Agreement (the "Escrow Agent"), the share certificates representing the shares to be exchanged hereunder. The Escrow Agent shall be provided instructions to hold said certificates pursuant to this Agreement.
Appears in 2 contracts
Sources: Agreement and Plan of Reorganization (Olympus Ventures Inc), Agreement and Plan of Reorganization (Dynamic Imaging Group Inc/Fl)